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out across north america? simply put, under barack obama and hillary clinton, the u.s. has been unwilling to lead. and this has left a huge vacuum on the world stage. in a recent assessment of secretary clinton's tenure. michael owe o'hanlon of the brookings institute wrote even an admirers such as myself must admit few big problems were soflted on her watch. few big vic trises achieved. secretary clinton's work at the state department should be judged on whether she has left america's foreign policy in stronger or weaker position. most think the future lies with china than the u.s. it's not all mrs. clinton's fault. but the fact is we just don't have the influence we used to have around the world from syria to mali, we have led from behind, so in effect the former secretary of state has helped manage our decline in what looks increasingly like a post american world. and that's the memo. now on to the top story. another view on this, joining us now from new york, fox news contributor julie ragenski and former advisor to frank lautenberg and president rosenberg a center left thin
. you know, this is a sweeping manhunt. as you said it's extended across california through the u.s./mexico border and through nevada and the latest search has been up in the snowy part of the community with officers following foottracks tracks but so far he's still on the loose. police say helicopters equipped with infrared light searched through the night for christopher dorner. they say he's now hunting his former colleagues. >> the streets will be full of patrol cars. >> reporter: the heaviest search is taking place in the mountain community of big bare, california. dorner's burned out truck was found there thursday afternoon and a door-to-door search is under way. >> we're going to head back down closer to where we live and keep our family safe. >> reporter: dorner posted a manifesto on his facebook page where he vowed to get revenge for being fired in 2009. >> dorner is considered to be armed and extremely dangerous. >> reporter: outside lapd headquarters officers here are taking the unusual step of patrolling their own headquarters in case dorner att
laws. in fact, the u.s. attorney's office for the northern district of illinois, only 25 federal firearms cases were brought to that office in 2011. only 1% of the people, 62 out of over 4000 were denied guns based on background checks are prosecuted for illegally attempting to acquire firearms. that is too low of a rate. see what can be done by enforcing the law on the books before enforcing new ones. we will legislate in an area that deals with the issue of reporting to the database for the people who are not in there now. make sure that we deal with the mental health issues that are involved with the tragedies that we are talking about today and a lot of other tragedies that have happened. thank you. >> thank you, senator. will the witnesses please stand? affirm the oath as i complete the reading. do you affirm that the testimony you are about to give before the committee will be the truth, the whole truth, and nothing but the truth so help you god? >> i do. >> thank you. i will introduce the two witnesses from this panel. the first is john walsh, u.s. attorney. he has served
to check it out. it was and still is more than just a commuter hub. during world war ii. 80% of the u.s. military's eastbound movement relied on grand central. in fact, the nazis even plotted to blow it up in the 70s, the city almost tore it down. these days, grand central is an iconic landmark but a train station first got on track 100 years ago today. next time you are here you ought to check that place out. man, it is beautiful. and now you know the news for this friday, february the 1st already. 2013. i'm shepard smith. see you back on monday, which should be a national holiday. >> laura: the o'reilly factor is on. tonight: >> i'm proud of the work we have done to elevate diplomacy and development, to serve the nation we all love. >> and hillary clinton ends her term as secretary of state, "newsweek" proclaims that she is the most powerful woman in american history. really? we'll have a debate. >> we inherited the worst financial crisis and the worst economic crisis since the great depression. >> laura: unemployment on the rise again as the economy continues to falter. who will pres
vacations? go to gretawire.com and tell us what you think about it. coming up, allies or enemies? the u.s. considers pakistan a friend but has our government heard this one? 92% of pakistani disprove of u.s. leadership. by the way, who are the other 8%? also donald trump in the middle of a family feud. details coming up. for over 75 years people have saved money with...ohhh... ...with geico... ohhh...sorry! director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what did i say? gecko? i said gecko? aw... for over 75 year...(laughs. but still trying to keep it contained) director's voice: keep it together. i'm good. i'm good. for over 75...(uncontrollable laughter). what are you doing there? stop making me laugh. vo: geico. saving people money for over seventy-five years. gecko: don't look at me. don't look at me. [♪...] >> i've been training all year for the big race in chicago, but i can only afford one trip. and i just found out my best friend is getting married in l.a. there's no way i'm mi
the united states is not necessarily going to represent u.s. political interests. >> reporter: o'malley is one of two american names being floated. the other, timmy dolan who scoffed at the idea. >> what about you? >> is this abc evening news or comedy central? >> reporter: and o'malley isn't holding his breath either. >> i haven't lost any sleep about it. and i have bought a round trip ticket. so i'm counting on coming home. >> reporter: in boston, it would be the religious equivalent of the red sox beating the yankees. >> we always liked boston over new york. >> it will be interesting to see how it plays out. >> reporter: both americans are long shots. popes tend to be from europe, especially italy. the last time a non-european pope was chose was 1,000 years before columbus set sail. >> i'm saying there's a chance. >> odds are not on our side. that's what i get from our report. they could go for somebody from the latin american population. they're trying to boost the catholic numbers there. a lot of ways they can go with this. no one really knows. it's just fun speculation at t
and u.s. airways are announcing an $11 billion merger this morning. it will create the world's largest airline. sharyl attkisson is at reagan national airport just outside of washington. sharyl, good morning. >> reporter: good morning, this is the seventh merger since 2005 in an industry that faces stiff competition and rising fuel prices. few may be paying more for your tickets. the new airline will take the american airlines name helping to boost a company that's been in bankruptcy for more than a year. american has struggled to compete in recent years as its rivals have grown. the marriage between number three american and number four u.s. airways will create the world's largest carrier, bigger than united which merged with continental in 2010 and delta, which merged with northwest in 2008. american's ceo tom horton told "cbs this morning" travel editor peter greenberg last month that merging was the only way to prevent collapse. >> you've got to move fast in this business and time for our companies to start looking forward. >> reporter: four airlines will c
there is a safety problem. the eating of horse meat is quite a taboo. a member of the u.s. commerce community faces a long prison sentence for his role in a series of attacks in which victims hair and beards were forcibly cut off -- a member of the u.s. amish community. he and 15 members of his breakaway group were found guilty of five hate crimes in the american state of ohio. heavy snowfall started in the northeast of the united states. it is the beginning of what is predicted to be a massive, even historic, a blizzard. people have been stocking up on food and other supplies ahead of the storm, which is poised to dump up to a meter of snow from new york city to boston and beyond. the parents of a teenage girl shot dead days after appearing at president obama's inauguration have told the bbc that american gun laws have to change. 15-year-old hadiya pendleton was killed in a park on chicago's south side in what police believe was a case of mistaken identity. michelle obama will attend her funeral tomorrow. despite the soul-searching in america following the sandy hook shooting, january was the dead
're seeing red arrows on the board. most notably the euro hitting a one-week low against the u.s. dollar. in asia, china up eighth straight session. nikkei highest level since september of 2008. disney set to open at record highs. strength in media networks. word that it's planning films based on "star wars" characters. >>> zynga, revenues continue to fall and the social gaming company said 2013 would be profitable. >>> company seeing momentum in america's improvement in europe and big margin gains for 2013 for ralph lauren. >>> the post office could be eliminating or cutting back deliveries on saturday. we'll explain. they carry the official announcement at 10:00 a.m. this morning. >>> we start with disney. shares rising pre-market, set to open at all-time highs at fiscal fourth quarter profits beat the markets. growing attendance at the theme parks. real news came during bob iger's interview with our own julia boorstin. >> in fact, we are working on a few stand-alone films. larry kazden and simon ginberg are working on films derived on "star wars" characters that are not part of the ov
and will now likely testify under oath and give full details of how he cheated for so long to the u.s. anti-doping agency. armstrong had been faced with a deadline to testify or lose his last chance at break on his lifetime ban from sports. in a just-released statement, usada wrote -- we have been in talks with mr. arm strorng and we understand that he does want to be part of the solution to clean up the sport of cycling. the sudden change comes on the heels of an abc news exclusive. our report that according to a high level source, agents are actively investigating armstrong or obstruction, witness tampering and intimidation, for allegedly threatening people who dared tell the truth about his cheating. a case reignited by his recent confession to oprah. >> i didn't invent the culture. >> mm-hmm. >> but i didn't try to stop the culture. >> reporter: if charges are ultimately filed, the consequences could be severe. >> these are serious potential crimes. you're talking about possible sentences, up to five, ten years. >> reporter: the pressures against armstrong are immense, and include civil
over the next two years, all of our 66,000 u.s. troops currently in afghanistan -- we are leaving that country. for afghanistan that means there is going to be some significant shortfalls in combat capability. they are relying on the united states for all kinds of things. not only up until recently for being the primary fighting mechanism for the afghans, but also from a logistical standpoint and from an intelligence standpoint, we provide the bulk of support. that also includes air lifting for their troops to get a point of conflict where they need to engage with the enemy. host: as far as picking up after we leave? caller: they are not completely prepared. they have the afghan national come -- the afghan national police that is getting pretty good at their primary task of going after caliban cells. the other problem of this is an uneven prepared this. there are significant problems with training the afghan army. there are significant problems with training the afghan police. there is going to be some significant drawbacks to the drawdown announced by the president. host: "the ne
hearing today. john brennan's testimony was bankrupt several times by protesters who object to u.s. drone strikes overseas. brennan was the architect of that program. among those killed by the strikes was an american citizen who was a member of al qaeda in yemen. bob orr followed the hearing today. >> reporter: as president obama's top counter-terrorism adviser, john brennan has overseen a five-fold increase in drone strikes against suspected terrorists. brennan today told the senate intelligence committee those strikes are critical for national security, but brennan said he'd rather capture terrorists than kill them. >> we only take such actions as a last resort to save lives when there's no other alternative to taking an action that's going to mitigate that threat.ep >> reporter: brennan defended a policy permitting americans to be targeted if they're actively plotting with al qaeda. oregon senator ron wyden objected. >> it's the idea of giving any president unfettered power to kill an american without checks and balances that is so troubling. every american has the right to know when t
the u.s. postal service says delivering the mail on saturdays must stop. if they are to survive. it's one of two american institutions in the news tonight for differing reasons in changing times. we want to begin tonight with nbc's tom costello in glen echo, maryland. tom, good evening. >> reporter: hi, brian, no secret the postal service is up to its neck in red ink, handling 30 billion fewer pieces of first class mail today than just four years ago. and guess what? delivery of packages booming because we're all buying stuff online. this action is about just trying to keep the lights on. for people all over america, like 71-year-old lois sexton in tennessee, that mailbox at the end of the driveway has been a reliable connection to the rest of the world. >> that's my communication with the people i have my retirement with, my social security. >> reporter: since 1863, six days a week, rain or shine, letters, bills, government checks, newspapers, even movies, have arrived, even on saturday. now the 21st century with its e-mail, e-cards and e-pay, has come knocking. >> we cannot put ou
, this is a real challenge for them. this man was trained by the l.a.p.d. >> reporter: and by the u.s. military. and not just trained. i mean, he has certifications in intelligence, counter-intelligence. that'slet trade craft for being a spy for someone who wants to fly under the radar or disappear or change their identity. he has been trained in heavy weapons. he has been deployed in war zones. he has been trained in urban warfare tactics and after that going through the l.a.p.d. academy he was certainly trained in all the tactics training and procedure of the l.a.p.d., so he knows how they work, too. it makes him formidable. >> pelley: how do they go after him, then. >> reporter: this is a very interesting case. essentially he turned their role inside out. he has taken the hunters and made them part of the hunted. there are special assets, some of which used to come under my command like the special investigations section, and these are guys who are highly trained surveillance experts. they can disappear into a neighborhood, but they're also heavily armed trained marksmen and very tactically
life in prison. in economic news, output at u.s. auto plants fell in january, and that pushed overall manufacturing down after two months of gains. and on wall street today, the dow jones industrial average gained eight points to close at 13,981. the nasdaq fell six points to close at 3,192. for the week, both the dow and the nasdaq dropped a tenth of a percent. those are some of the day's major stories. now, back to judy. >> woodruff: president obama wrapped up his post-state of the union tour with a visit to his hometown today. margaret warner has the story. >> warner: the president's trip to chicago came amid the country's new focus on gun violence. and while he was there to talk about raising the minimum wage and expanding preschool for children, the city's surge of gun killings wasn't far from his mind. >> last year, there were 443 murders with a firearm on the streets of this city, and 65 of those victims were 18 and under. so that's the equivalent of a newtown every four months. and that's precisely why the overwhelming majority of americans are asking for some common-sense pro
think about it. coming up, allies or enemies? the u.s. considers pakistan a friend but has our government heard this one? 92% of pakistani disprove of u.s. leadership. by the way, who are the other 8%? also donald trump in the middle of a family feud. details coming up. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men
on u.s. targets, 140 targets. look at this is from the "new york times." its focus is on companies involved in the critical infrastructure of the united states. according to security researchers one target was a company with remote access to more than 60% of oil and gas pipelines in north america. serious threat over several years. it drew the attention of the former head of the cia. >> my father said quit whining, defend yourself after i had gotten into a fight. there are a lots of way we can make this relation less comfortable to them. if this is important, then you got to start taking some actions. >> congressman rogers, you say that this is a war we're losing? >> we are losing. 141 targets pales in comparison. that's probably every day. we get every single day by a series of attacks. everything from criminals trying to get into your bank account to steal your identity to nations. >> you believe that chinese -- the chinese government, the chinese military is behind this? >> beyond a shadow of a doubt. they use their military to steal intellectual property from american businesse
occasions. they are successful to make $1 billion in the u.s. last year. instead of paying corporate taxes on, that it will get a refund of $429 million. >> it's interesting. facebook paid out a huge amount of bonuses to the corporate executives and that greatly reduced the tax liability. >> facebook because of the stock options tax break getting refund from the federal government. of more than $400 million this year. more to come in # future. >> facebook has more tax deductions to go. the group citizens for tax justice reported details. >> employees cashed in stock options. at that point, did a tax deduction for the company. even though it didn't cost them a nickel, the government treats it as wages. they get a deduction for it. >> the company couldn't use them at all once and it will use more in coming years. $3 billion in tax break altogether, just the thing the president says we should stop. >> save hundreds of billions of dollars getting rid of the tax loopholes and deduction for the well off and well connected. >> that could apply to facebook. aside from face time with the president,
, senior u.s. economist for deutsche bank security. good to have you here. your year. i mean, we have people walking around with long faces. all parts of the country because they're unemployed. the economy is contracting. and they just don't understand how nice it is to be on wall street. >> well, it is chilly down on wall street. i assure you. but we are seeing some positive signs in the economy. so, yes of the fourth quarter did not look so great. the best top-level gdp number. but when you look beneath the surface we see some important undercurrents. does green shoots cut consumer spending. lou: seeing that come back. >> consumer spending is picking up. the investment which had been contracting. nav is picking up again. the housing market is picking up. but the domestic economy looks dece. it needs time to run until that an employer rate is down, but it increasingly looks like we are building some momentum. lou: you know, i really am. and i am delighted to see your optimism and to hear that the bright outlook, but i am concerned. consumers are getting hit from taxes. the fiscal cli
here and joining us. as you said, it is a good day to here be here. we've been watching the u.s. equity futures because of all the actions yesterday. this morning, you did see a few green arrows, but no massive move at this point. the magic number is 14,164.53. that is the record closing high for the dow. it was reached back on october of 2007. the bulls -- a number of catalysts for monday's sharp sell down. some are calling this the bernanke bounce. the stocks soared after the two-day testimony on capitol hill. >> the evidence thus far is that the housing market is hit the bottom and is recovering. we've seen rising prices over the last year or so. we're seeing some significant increases in starts. and sales. foreclosures are still too high, but they're coming down. the number of people under water on their mortgages is coming down. so we're still far from where we would like to be. but the evidence is that the housing market is strengthening and that low mortgage rates are one reason for that strengthening. >> although a long period of low rates could encourage successful risk taking
atannable nor desirable. host: one of the headlines this morning, january jobs again in u.s., or jobs gained rather in the u.s., 157,000. we go to pete in lakeland, florida on our line for democrats. you're on the "washington journal." caller: hey, top of the morning to you gentlemen. i know you touched a little bit on downsizing. i mean the microsoft, excel format, making everybody a number for efficiency in the efficiency experts. but man, i think capitalisms on the way to die in the united states. you got companies right now that, if you want your high tech workers and you want a submarine, the college students and the current working class in america, you go to india and you bring them over on visas. you want to crush the white collar workers, i mean unions as far as industrial are pretty much dead. you move your plants to china and mexico. host: patrick rice, your response to what he had to say. guest: if he's arguing we're on the brink of a social revolution, it would seem to me that, i can't see in the future and i don't want to say he's wrong, but we've been endured tougher economic
this morning and a health care burden for the u.s. neurologists predict the number of alzheimer's patients is expected to triple by the year 2050. that's when as many as 14 million patients may need care for the disease. the startling projection follows a study of patient records, as well as census numbers. >> doctors are warning parents about a strain of whooping cough. the new england journal"the new medicine" reports it's caused by a vaccine resistant strain. it's the worst outbreak of its kind in 60 years. >>> and what will be the story of the weekend. a powerful blizzard is zeroing in on the northeast, threatening to bring fierce winds and up to two feet of snow. the nor'easter expected to be the worst in years, is moving in from the gulf coast and the great lakes. snow is coming down this morning in chicago. but by tomorrow night, this storm will be unleashing heavy snow on boston and coastal new england. and that storm, as you know, could make a mess out of travel, even before the first flakes fall. some airlines announced plans to relax rebooking rules so passengers can change flig
, denying the reports. and countering it was the victim of u.s. hacking. >>> and the bulls are back from a three-day weekend. can the s&p 500 post an eighth straight week of gains? we've got four days to find out. it's tuesday, february 19th, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin who is back from vacation. let's get started with the markets. as joe mentioned, the s&p winning streak has been a strong one. in the meantime, the dow is coming off a second straight weekly loss. although, really, if you looked at this last week, it was the ever so slightest of losses. u.s. equity futures are indicated higher. dow up by 21 points. s&p is up by two points above value fair and the nasdaq is up about 3. in 20 minutes, we'll turn to predictions on where the markets go from here. then in the next hour, delivering alpo. we'll talk to the manager of a $11.5 billion hedge fund. this fund was up 30% last year. don't miss pine river's ceo brian taylor. on our radar this morning,
: student terrance park is doing the math. >> it costs the u.s. government over $23,000 to deport a single individual. >> that's $23,000 to deport me? >> reporter: park has taken a calculated risk, exposing himself as an undocumented immigrant subject to deportation. he's doing it to campaign for the dream act, an immigration law congress is considering that will allow certain students like himself the path to citizenship, and it allows him to get financial aid to continue his studies at yale or brown. he already lost out on a research internship with the national security agency. >> i wanted to explore what they can offer me. but it's the fact that i can't even have that chance to explore. >> reporter: park's mother brought him here from south korea on a visa. she is still waiting. >> she knows there's risk. she always keeps low . that's why she's been telling me to -- >> stay under the radar. >> right. for the first eight years. >> reporter: park is currently protected under california's law that allows immigrant children who arrive in the u.s. under age 16 to stay as long as he's in sc
he has the perfect defense against criminal prosecution in the u.s. running for public office. he's running for a senate seat in australia and said the u.s. would drop its investigation rather than risk a diplomatic incident. he plans to start a wikileaks party which will run on a platform of transparency in government. >>> in news 4 for your health, say -- there was no increased risk of breast and gynecological cancers from in vitro fertilization. it includes drugs that stimulate ovulation. they've linked treatment to a higher risk of cancer. other studies have not found a connection. >>> your kids are watching us right now, you might want to limit how much tv they watch later today. a new study suggests that children who watch too much television may turn into more aggressive adults. researchers tracked a thousand kids born in the early '70s in new zealand. those kids who watched the most tv were more likely to be convicted of a crime and be more anti-social as adults. the results are not necessarily the result of too much tv. >>> the united nations is reviewing ways to prevent
. speaker, this is no time to eliminate preclearance. i'm reminded of a letter i wrote to the u.s. attorney's office, attorney general eric holder, to just in my city alone, the city of houston, to report 15 voter abuse cases. without the preclearance where would we be? or the proposal to eliminate the independent school district board of trustees, over a school district that has worked hard to survive, will be subjected to the preclearance to determine whether not only the students will be denied their right to learn in a school district they love and is fighting for their education, but that elected persons will be denied the right to serve and others denied the right to vote for them. the voting rights act protects all voters. it gives them all the right to vote, one vote one person. shelby county has raised the issue they should not be subjected to preclearance. they are beyond that. the district court, federal court decided in washington, d.c., that they were wrong. that preclearance is constitutional. and we know that well because about -- because when we had the privilege of re-autho
of markets >> said good old old u.s. greenback one fund that tracks the dollar that has been down for a decade but is strengthening right now. >> that is so interesting. to my mind for the safe haven issued did not have a look at it. the bank deposit is a safe haven. neil: put the money under the mattress. we have the security commission we will be here. join us on monday. we will see you then. >> good evening, everybody. while much of the world awakened this morning is anxiously anticipating a close encounter with a 150-foot wide asteroid called the a 14, russians and the region saw the trail of a huge meteor streaking across there strike. the streaking the right exploded over the mountains in russia early today injuring more than 1,000 people. solid glass or the force of an atomic bomb wrecked building facades and blew out windows. the meteor estimated to be approximately 10 tons in weight, about 50 feet wide coming into the earth's atmosphere at a hypersonic speed of 303,000 miles-per-hour shattering into pieces about 30 miles above ground. one of those pieces eventually plunge
by march 1st, the series of cuts will be made to the u.s. military's defense capability. here's more -- capability. here's more. >> reporter: during the fall debate, president obama said the sequester, quote, won't happen. now his white house is saying domestic programs will be cut 9% and military programs cut 13% this year, unless congress takes action. >> putting our fiscal house in order calls for a balanced approach, not massive indiscriminant cuts that can have a severe impact on our military preparedness. >> reporter: republicans think they gave a lot of ground during fiscal cliff negotiations. a spokesman per speaker boehner said the president got his higher taxes last month with no corresponding cuts. the tax issue has been resolved and spending is the problem. meanwhile, military leaders are sounding the alarm. >> instead of being a first- rate power in the world, we turn into a second-rate power and that would be the result of sequester. >> reporter: the white house said friday the sequester would result in cuts to food inspection, customer service and irs and social securi
. australians pay on average 73% more than the u.s. on itunes downloads and 232% more on computer game downloads. the hearing is expected to happen sometime next month. >>> in news 4 your health, the teen birth rate is the lowest on record. researchers found that 8% drop in teen birth between 2010 and 2011. the teen birth rate has been falling since it peaked in 1991. fewer women in their 20s had babies and more women in 30s and early 40s had babies. the premature birth rate has also dropped. >>> exercise may reduce the risk of developing prostate cancer in some men. in north carolina, they found white men who exercised the most were significantly less likely to get prostate cancer. however, they did not find a link among african-american men. no word on whether researchers studied other ethnic communities. >>> the most advanced new satellite into space. the land sat data continuity mission will blast off from california. nasa calls it the most advanced and capable spacecraft of its kind ever built helping to monitor environmental change and natural resources. it's about the size of an suv and w
. there you see the little slide, not so little, at the italian market. it sort of trickled over into the u.s. markets. as we countdown to march 1st deadline day for massive spending cuts out of washington. the dow was less than a hundred point from an all-time high but these two issues have now set the bulls back in the u.s. in the past two hours. the industrials now down about 12 point. josh h john harwood is in washington for us. we start with michelle caruso-cabrera in rome. >> tyler, the italian election is not turning out as market participants had hoped. they expected at this point we would have conclusive results out of the i tal yn election. we do not have conclusive results at this point and it is possible that italians may have to vote again for a new prime minister if we don't get an answer in this round. here's what the markets thought would happen. they thought a guy named louigi berosoni, who most americans haven't heard of, would win. and that silvio burr burr le /*y scony would come in 1ekd. he may not have any seats in the government. the mario monti part is crucial because
have an expiration tomorrow, the options, and adjusted weather patterns throughout the u.s. coming here, forecast really making people get out probably a little bit earlier than they thought. with natural gas is essentially will be that high. topping out at 250, and we will go down from there. ashley: let me finish very quickly on the hocus-pocus equity markets. obviously all eyes on washington, to pierce the automatic spending cuts will kick in, if at all ready in the market? >> i would not be surprised to see an equity market rally. it is funny to hear from the hocus-pocus as ben bernanke has been inflating the bubble in the bond market so we will see how long the hocus-pocus stays in that market. ashley: very good, the phrase of the day. thank you for joining us for today's floor show. really appreciate it. the world congress kicking off in barcelona, the top priority for many companies, mobile payments. you can hear a lot about it if you haven't already. encouraging customers to throw away the plastic, massacre unveiling new digital payment system, masterpass. joining us, president
makes the case for drone strikes like the september 2011 attack that killed this operative. he was a u.s. citizen that was never indicted by the government despite alleged involvement in attacks on the u.s. >>> the next foreign policy debate involves the state department, iran, and a monkey. iran says that launch this primate into space last week. the pictures released from before and after the mission beg to differ. washington expresses doubt about any space journey but iranian president said he would like to give it a go. senator john mccain then ran into trouble when he tweeted, "so ahmadinejad wants to be the first iranian in space. wasn't he just there last week"? many in the twitter world called the comment racist. he september out another comment saying his comments were just a joke and told people to "lighten up." >>> now here is your first look at this morning's dish of scrambled politics. the conservative republican governor of ohio john kasich has a course on president obama's health care plan. he now says that he is going to expand medicaid dramatically using money from the f
the u.s. congress, both of the house and the senate, needs to do is to repeal the national war powers act, which was never repealed after world war ii. this is what has given the president the power of executive power. the gentleman from missouri, i am with you that the repeal of the 17th amendment needs to be done. also, your caller from new hampshire, he was right on with the 10th amendment. executive orders by the president are a president's hope, a president's win and a desire. it really is not law unless it is backed by the courts. again, other people have mentioned that the courts have told the president that he needs to remove these people from that board. those were illegal appointments. he yet flaunts the supreme court. where do we stop with the executive orders? host: on the news makers this week, harold rogers is our guest. he talks about the sequester and what congress is not reaching an agreement on spending cuts. let's take a listen to him talk about whether the sequestered as any flexibility. is there any way they can decide how the cuts are put into place. [video clip]
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